Dollar Gains on Rivals

By

Matthew Walter

Updated May 6, 2013 4:14 p.m. ET

The dollar rallied against every major currency following last week's surprisingly upbeat report on the U.S. labor market.

Improving investor sentiment buoyed U.S. stocks for the third straight trading day and sparked interest in the greenback. The Labor Department reported Friday that the U.S. economy created 165,000 jobs in April, exceeding economists expectations, and the Conference Board said Monday that its employment trends...